Keith G. Lumsden Economics. - Heriot-Watt University, 2011

Week

Lectures

Seminars

1

Economic Concepts, Issues and Tools

Economic Concepts, Issues and Tools

2

Demand

Demand

3

Supply

Supply

4

The Market. Economic Efficiency

The Market. Economic Efficiency

5

Organisation of Industries

Organisation of Industries

6

Public Goods and Externalities. Income Distribution

Public Goods and Externalities. Income Distribution

7

International Sector

International Sector

8

Potential Output. The Circular Flow of Income

Potential Output. The Circular Flow of Income

9

A Simple Model of Income
Determination. Expanded Model of Income
Determination

A Simple Model of Income
Determination. Expanded Model of Income
Determination

10

Fiscal Policy. Money, the Central Bank and
Monetary Policy

Fiscal Policy. Money, the Central Bank and
Monetary Policy

11

The Quantity Theory and the
Keynesian Theory of Money. Integration of the Real and Monetary Sectors of the Economy

The Quantity Theory and the
Keynesian Theory of Money. Integration of the Real and Monetary Sectors of the Economy

12

Inflation and Unemployment. Economics and the World Today

Inflation and Unemployment.